The greenback continues its rebound this morning, underpinned in part by steadier US equities, lower commodity prices and hopes that the TARP package can get out of Congress without being stalled by the legislative process.
Solid offers are eyed still at 106.00 in USD/JPY while stops reside above 106.20. EUR/USD biuds are seen to 1.4680 with stops in the 1.4660/75 area.